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TRX/USD - Path to $0.20 🚀TRON macro view looks bullish as the trend is clearly up (higher lows). If we count the waves, we seem to have completed all waves apart from the last fifth wave up. Once that is done, we may have a longer cool-off. Price appears to be around half-way towards the top on this last wave. It's hard to guess the top, but I'd bet anywhere around $0.20 is a good place to secure profit. Some possible resistance levels are on the chart. I don't exclude another re-test of support which would present a good buy opportunity before the last pump up. Then we need to re-assess the chart. On weekly timeframe, indicators are bullish but I don't like the lacking volume. Hence, why on daily it does look like tron wants to re-test our support before we push higher again. So best to buy then if you are interested in longing Tron. If this plays through, you can double your entry, not bad. Like and follow if you liked this idea!
Long
by DU09
4
TRON at a 13% Discount - Potential Entries Before Next Leg UpA quick post that I thought was worth mentioning. Tron reset the RSI correcting ~13% since last night. When I saw that it was sitting on a confluence of support level from several different trends, I couldn't control myself and bought some more TRX at this 222 sat level. Bitcoin just had a little shakeout to $46750, but maintained it's bull flag. If it can show some strength and have a solid breakout beyond $48,000, I think we can expect a bullish continuation from TRX. The price could really fly if it breaks out against BTC.
Long
by jpbrown1023
Tron TRXUSD - Ascending channel + Elliott Wave- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Huge bullish volume is also one of the positive signs! - If you want to see more of these ideas, hit "Like" & "Follow"!
KRAKEN:TRXUSDLong
by UnknownUnicorn2537518
4
Tron TRX Ready to MOON LONG NOW !!??? TRON TRXTaking a look at price action you can see that the most recent pullback was a retest of key support and resistance and on top of that we formed hidden bullish divergence on the daily time frame !! A short term break and rest of our most recent high which lines up with an area of support is holding strong In my view holding this level could allow us to run up to the next level of resistance If we execeed that level expect TRX to ATH 30 cents !!!!!
Long
by Olutobi-Ogunsemore
TRXUSDT Mid-term AnalysisHello guys According to this chart We had finish a rally a few weeks ago and until 3-4 weeks ago we are in downtrend until the important zone that we shown on chart support the price After the second zone that shown in pink color we can say up trend is beginning and we are in floor price upward trend until the pink zone is not break down with powerful candle and close it below them the up trend is valid you can buy and take long position in buy zone and then put stop loss where we are putting it then put TP and watch we think this year with this bullish market TRX can touch target over a dollar ( 1$ ) but this is just prediction , the market should move and then we update our analysis and predict new target Trx project is powerful Good Luck Abtin
Long
by Abtin00
2
TRXUSDT Technical Analysis ⏳ Spot 💎 TRXUSDT on H4 has formed a Symmetrical triangle and has broken above the resistance already. We see several rejections from the Support line. We expect that the price goes down for a pullback before it continues to go higher. 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at market or 0.09700 ☕️ TP1 0.11900 🍺 TP2 0.12930 🍻 TP3 0.14000 🍾 TP4 0.15200 🍷 TP5 0.09000 🍸 TP6 _______ 🍹 TP7 _______ 🎁 TP8 _______ 🚫 SL 0.09000 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a Profitable Day
Long
by Fibonacci-Signals
Tron (TRX) - September 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (TRXUSD 1W Chart) If the price holds above the 0.03074453-0.04413840 range, it is expected that the uptrend will continue. (1D chart) We will have to wait and see if we can find support at the 0.08238160-0.08644692 zone and move towards the 0.09289318-0.10168507 zone. If it falls from the 0.07500028 point, you can touch near the 0.05792308 point, so you need to be careful with your trades. If the price holds above the 0.08644692 point, I expect it to move towards the 0.11243825-0.12543392 range and re-determine the trend. ------------------------------------- (TRXBTC 1W Chart) You'll have to climb above 259 Satoshi and see if you can get out of the bottom section. In particular, if it rises in the 259 Satoshi-318 Satoshi section, it is expected to create a new wave. (1D chart) It is necessary to check whether there is any movement that deviates from the 154 Satoshi-207 Satoshi section. If it falls from the 154 satoshi point, it can touch the 92 satoshi-114 satoshi section, so careful trading is required. If the price holds above the 207 Satoshi point, we expect resistance in the 259 Satoshi-318 Satoshi section. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether the price trend is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:TRXUSD
by readCrypto
2